Resurgent sale and purchase markets and accelerated ship scrapping have boosted UK shipbroker Braemar in the first quarter, its CEO says.
And with the broking house also avoiding the worst of a crash in the tanker market its full year results should be “satisfactory”, Alan Marsh told its annual general meeting today.
Marsh says Braemar’s first half showing should match up with the figures it posted in the final six months of last year.
He
